Real Estate
Grand Hotel du Boulevard Could Become An Office Building
Grand Hotel du Boulevard, one of the oldest hotels in Bucharest, which has functioned under this name since 1877, could be turned into an office building.
BCR BpL Deposits At RON800M In December 2011, Up 85% On Year
Romanian lender BCR Banca pentru Locuinte (BCR BpL) had more than 250,000 clients at the end of 2011, cumulating deposits of over 800 million lei (some EUR185 million), up 85% on the year, t...
The 50 Largest Business Centers In Bucharest Accommodate Over 100,000 Employees
The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and c...
Schoenherr: I Don’t See A Revival In Real Estate, Litigations Will Be The "Star"
Sebastian Gutiu, managing partner of law firm Schoenherr si Asociatii, bets on the litigation department rather than on the real estate one for the next few years, as companies fail to obser...
New Apartment Prices In Bucharest Fell By Up To 17% Last Year
Apartment developers have a few thousand homes unsold in Bucharest almost four years since the start of the decline in real estate, with starting prices of EUR30,000 plus VAT for a studio in...
Plaza Centers Plans To Resume Works At Bucharest Project
Real estate developer Plaza Centers, which signed a partnership with the Development Ministry to build a project on the site of the Casa Radio (Radio House) in 2006, could resume work on the...
AIG/Lincoln Names Mihai Plaesu As Commercial Director
Developer and constructor AIG/Lincoln, owner of the Lakeview office building in Bucharest, has appointed Mihai Plaesu as commercial director.
Real4You Gets OK For Bucharest Mall Construction
Real estate developer Real4You Group on Monday said it has obtained urbanism authorizations for the MegaMall project is planning in Bucharest and it has concluded rental contracts for 20% of...
Realty Developer Willbrook Appoints New Head Of Commercial Leasing
Realty developer Willbrook on Monday said it has appointed Raluca Teposu, former head of marketing and sales at GTC Romania, as head of commercial leasing.